Keysight Technologies (KEYS)
NYSEInformation TechnologyHardware, Equipment & PartsSnapshot 2026-09-04
$327.21+1.42%
Close 2026-09-04 · 1-day change
NYSEInformation TechnologyHardware, Equipment & PartsSnapshot 2026-09-04
QuarterlyIQ Insights · KEYS
Price, fair value, and the multiples that frame it on the same time axis. Scroll over the price chart to zoom.
Daily closes. Earnings/event dots inline.
A consensus fair price across 11 valuation methods, at three horizons. As of 2026-09-04. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
Today's peer multiple on trailing earnings, with no growth credited. This is the headline read.
Adds projected growth, so it leans optimistic by design. Read it as upside context, not a base case.
We take the 12-month fair value above and grade our own number — how the market prices this name versus what we'd justify, and where the two diverge.
At $327 KEYS trades at 33× p/e, in line with its 32× p/e peer median — but our blended $267 fair value sits below the price. We hold it with medium confidence: our number sits below the analyst range. Analysts target $305–$440. Note: our $267 fair value sits below the entire analyst range ($305–$440). The flat-multiple read looks rich, but earnings are inflecting up — trailing growth is accelerating and forward estimates confirm — so we've softened our read rather than brand an accelerating name expensive. Even valued only for durable growth at sustainable margins, it's worth about $369 — above today's price, so the premium reflects that growth case, not pure multiple expansion. Not investment advice.
One valuation read at a 12-month horizon, plus how price compares to peers and the company's own history.
Score 100 = cheapest in the cohort, 0 = richest. Bars are filled left-to-right based on the peer-relative score (or PEG/self-history where shown).
Each method's implied share price per horizon. Provisional rows use a projected (historical-CAGR) growth input rather than analyst or management guidance.
| Method | Horizon | Est. price | Multiple | Per-share input | EPS source | Confidence |
|---|---|---|---|---|---|---|
| analyst target | 12M | $405.00 | — | — | Analyst | high |
| dcf fcff | 12M | $169.94 | — | — | Hist. CAGR | high |
| graham number | 12M | $91.38 | — | — | TTM | high |
| Mgmt guidance | 12M | $260.31 | 31.8 | 8.19 | Mgmt | high |
| Peer EV/EBITDA |
A “consensus-then vs. actual-now” overlay is on the way — what our valuation estimate said on a past date versus where the price actually landed.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
A long-thesis check that carries the widest uncertainty of the three horizons.
Top 10% on quality vs scored peers
A second lens on the 12-month fair value: for companies that score high on measured quality (profitability, balance-sheet safety, earnings stability), this read trusts more of today's profit margins instead of averaging them toward their multi-year history the way the headline number does. Shown alongside the fair value above, not in place of it. A diagnostic, not a price target or a buy/sell signal.
Direction of the business behind the multiple. Bands are backend reads; trailing-12-month basis.
$305.00 – $440.00 (median $405.00) · 17 analysts · as of 2026-08-19
No fragility gates fired. Regime (Mania) does not concentrate fragility.
For similar setups historically (n=20,154): about 33% saw a 20%+ drawdown, and roughly 76% of those did not recover within the year. These are historical base rates for the cohort, not a forecast of this stock.
At today's price you pay about 209% over what the business is worth with no growth; closing that gap needs roughly 8.4 years of the forecast growth to come through. These describe the expectations embedded in the price, not a forecast of the move. Reverse-DCF base: $6.54/sh owner earnings.
Roughly priced in line with peers.
Self-history needs ~20 months of data.
Trailing four: 2025-Q3, 2026-Q1, 2026-Q2, 2026-Q3
Direction of the business behind the multiple. Bands are backend reads; trailing-12-month basis.
| 12M |
| $74.68 |
| 19.5 |
| 3.29 |
| TTM |
| high |
| Peer P/FCF | 12M | $208.73 | 25.1 | 8.32 | TTM | high |
| Peer P/E | 12M | $260.31 | 31.8 | 8.19 | TTM | high |
| Peer P/S | 12M | $170.94 | 4.5 | 38.05 | TTM | high |
| PEG | 12M | $387.57 | 47.3 | 8.19 | TTM | high |
| residual income | 12M | $62.47 | — | — | TTM | high |
| triangulated | 12M | $325.65 | 31.8 | 10.25 | Triangulated | high |
| Mgmt guidance | 3Y | $627.34 | 31.8 | 19.74 | Mgmt(prov.) | medium |
| Peer P/FCF | 3Y | $247.99 | 25.1 | 9.89 | Hist. CAGR(prov.) | medium |
| Peer P/E | 3Y | $303.55 | 31.8 | 9.55 | Analyst | medium |
| Peer P/S | 3Y | $147.15 | 4.5 | 32.75 | guidance | medium |
| PEG | 3Y | $451.96 | 47.3 | 9.55 | Analyst | medium |
| Mgmt guidance | 5Y | $1127.68 | 31.8 | 35.48 | Mgmt(prov.) | medium |
| Peer P/FCF | 5Y | $278.19 | 25.1 | 11.09 | Hist. CAGR(prov.) | medium |
| Peer P/E | 5Y | $208.12 | 31.8 | 6.55 | Analyst | medium |
| Peer P/S | 5Y | $100.89 | 4.5 | 22.45 | guidance | medium |
| PEG | 5Y | $309.87 | 47.3 | 6.55 | Analyst | medium |